President , ‘expects substantive EU support’

President , ‘expects substantive EU support’

Cyprus expects substantive support from the EU in the face of soaring migrant flows. Cyprus is facing increasing flows of Syrian irregular migrants from Lebanon. EU competitiveness should be bolstered through the deepening of the EU single market.

Our View: The education system has thoroughly failed abuse victims

Our View: The education system has thoroughly failed abuse victims

A gymnasium student who was sexually abused by fellow students was still expected to go to the same school as his abusers, a month and a half after the incident.

Small business owners ask U.S. House tax writers to extend Trump-era deductions • Michigan Advance

Small business owners ask U.S. House tax writers to extend Trump-era deductions • Michigan Advance

Economists and small business owners are urging U.S. lawmakers to extend or make permanent the Trump-era tax cuts, particularly the deductions that allowed them to reinvest in their operations.

Migration and Middle East crisis discussed in Security Council meeting

Migration and Middle East crisis discussed in Security Council meeting

– The National Security Council convened to discuss developments in the Middle East and migration.
– No decisions were made to change security measures, but there was an evaluation of existing data.
– The government has no information about the possibility of strikes on Israeli targets in Cyprus.
– Due to the situation in the region, the entire region is under threat.
– A joint forced-return flight took place where 3,337 people were deported for living in Cyprus illegally.
– Cyprus’ police participated in the operation with Greek authorities and Frontex.
– The National Security Council constantly assesses data and exchanges views on major concerns.
– There are no news to be announced regarding Christodoulides’ invitation to EU Commission President Ursula von der Leyen to visit Lebanon.
– Christodoulides visited Lebanon to address migration and called for more EU support in tackling migration flows.

Vance-Whitehouse Bill Would Stop Subsidizing Big Corporate Mergers Through Tax-Exemption

Vance-Whitehouse Bill Would Stop Subsidizing Big Corporate Mergers Through Tax-Exemption

Sen. J. D. Vance and Sen. Sheldon Whitehouse introduced a bill called the Stop Subsidizing Giant Mergers Act, which would end tax-free mergers and taxpayer subsidies for acquisitions that consolidate corporate power. The bill would require shareholders who receive stock through mergers and acquisitions to owe capital-gains taxes immediately, apply to deals involving firms with annual gross receipts of more than 0 million over a three-year span, and aim to close unfair loopholes that allow these deals to escape tax liability.

Mačiulis: increasing only the corporate tax would not be enough to finance defence needs sustainably

Mačiulis: increasing only the corporate tax would not be enough to finance defence needs sustainably

– Some political parties are proposing to increase corporation tax, which is popular among some voters
– Corporate tax revenues are volatile, especially during tough business cycles
– Abolishing tax breaks is the easiest way to create sustainable funding for defense
– Increasing VAT and corporate tax by 1% is the simplest way to finance defense
– Lithuania has the lowest debt in the EU and should not be afraid to borrow for defense
– Germany and Estonia are making mistakes with their fiscal policies
– A strong counter-cyclical fiscal policy is needed in Europe
– Different proposals have been made to raise funds for defense, including revising tax rates and increasing corporate tax
– Opposition groups propose introducing a bank wealth tax, issuing defense bonds, and reducing the shadow economy
– Defense funding in Lithuania is currently at 2.75% of GDP, with a goal of reaching 3%
– The 4 Percent initiative aims to allocate 4% of GDP to defense and has support from businesses and organizations.

ANALYSIS-Not just growth and nationalism: India’s Modi campaigns on foreign policy

ANALYSIS-Not just growth and nationalism: India’s Modi campaigns on foreign policy

India’s ruling party credits Prime Minister Narendra Modi for stopping the Russia-Ukraine war two years ago to rescue and repatriate nearly 20,000 stranded Indian students. The video shared by Modi on YouTube has gained nearly 650,000 views. Foreign policy has become a key focus in the upcoming general election, with Modi’s global stature being a significant factor.

Government to discuss company’s stance on Larnaca project

Government to discuss company’s stance on Larnaca project

A conference will be held on Monday morning at the Presidential Palace to discuss the unified development of Larnaca port and marina. The meeting will be attended by company representatives, the Director-General of the Ministry of Transport, Communications and Works, and the Mayor of Larnaca. The President of the Republic expressed his intention for the meeting, which will address issues related to the project. The company has not shown willingness to submit a performance bond, and there has been no change in their stance so far.

Rights groups file new case against German arms export to Israel

Rights groups file new case against German arms export to Israel

Human rights lawyers filed a lawsuit against the German government’s approval of exporting 3,000 anti-tank weapons to Israel, citing concerns about potential violations of international humanitarian law in Gaza. The lawsuit was supported by the European Center for Constitutional and Human Rights and Palestinian human rights organizations. The lawyers called for a suspension of the export licenses as a provisional legal protection measure. Germany has defended its arms export policy, considering factors such as human rights and humanitarian law. In the past, German lawyers have filed complaints against officials for aiding genocide against Palestinians in Gaza. Israel has denied accusations of genocide or violations of humanitarian law, stating that they are fighting against Hamas.